One can enjoy their youth and still put money away for a comfortable retirement.
How old are you?
The problem with planning a break even death is that you don't have a drop dead date to plan for.
Somerset Maugham wrote a story about two Brits in the S. Pacific who were retiring. One bought an annuity, the other didn't, because the annual income was too small. The first guy asked the second what he was going to do if and when he spent all his lump sum before he died. He said he'd shoot himself at that point.
Years later, the second guy did run out of money, but chickened out on the gunshot. He ended up begging from the natives to stop from starving to death (a terrible thought for a Brit -- begging is bad enough, but begging from the natives....!)
Well,,,,,,,,,,I recall an old biblical injunction which said:
A wise man leaves something for his children's children